Crypto degens have made their way to Coinbase's Layer 2 blockchain.
Coinbase-backed Layer 2, known as Base, launched its mainnet for developers on July 13. It wasn’t slated for public launch until early August. However, in the last 24 hours, it has unexpectedly experienced a significant spike in activity and the introduction of several memecoins.
The Layer 2 recorded over 276,000 transactions in the past day, as reported by DEX Screener. Memecoins like Bald have skyrocketed on the network, surging more than 20,000-fold in just 24 hours. Based, for instance, increased by 5,580 times, while Optism increased 435 fold.
Source: DEX Screener
Although the Base team hasn’t provided an official mainnet bridge during the developer access phase, users can utilize a portal proxy contract. According to Dune Analytics data, over $48 million in ether has already been transferred to the network.
The Base team previously said its testnet drew interest from over a million wallet addresses deploying on the network. The team also previously said it had no plans to issue a native token for Base.
source:theblock
Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves
Lummis is a well-known crypto advocate on Capitol Hill with over $100,000 in crypto.
Several analysts argue that shrimp accumulation is good for the Bitcoin network because it makes the asset more decentralized over time.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Tue, 18 Apr 2023